SB    3  fl    7  M  3 • 

SUGGESTIVE  EXERCISES 


IN 


BOOKKEEPING 

FOR  GRAMMAR  SCHOOLS 


ARRANGED   BY 

CAROLYN  H.   BRADLEY 

State  Normal  School 
SAN  JOSE,  CALIFORNIA 


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CALIFOBNIA 

STATE  PRINTING  OFFICE 
'1915 


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SUGGESTIVE  EXERCISES 


IN 


BOOKKEEPING 

FOR  GRAMMAR  SCHOOLS 


ARRANGED   BY 

CAROLYN  H.   BRADLEY 

State  Normal  School 
SAN  JOSE,  CALIFORNIA 


CALIFORNIA 

STATE  PRINTING  OFFICE 
1  Dl  5 


HF 


,01 


PREFACE. 

After  reading  many  courses  of  study,  I  find  it  is  not  the  intention  of 
the  county  boards  to  turn  out  experts  in  bookkeeping,  but  to  give  the 
pupils  a  knowledge  of  the  fundamentals  of  the  subject.  Any  pupil, 
graduating  from  our  elementary  schools,  should  be  able  to  keep  a  cash 
account,  a  personal  account,  and  single  ledger  accounts.  He  should  be 
able  •  to  make  out  plain  invoices  and  statements,  and  to  distinguish 
between  debit  and  credit  transactions.  In  addition,  and  this  is  the  most 
important,  he  should  understand  the  proper  form  of  ordinary  business 
papers,  such  as  checks,  receipts,  notes,  certificates  of  deposit,  due  bills, 
and  various  forms  of  orders  and  business  letters. 

Single  entry  in  nearly  all  the  counties  (there  are  but  two  or  three 
exceptions)  takes  precedence  over  double  entry.  In  fact  a  system  that 
will  enable  the  pupil  to  keep  simple  accounts  is  all  that  our  elementary 
schools  can  give. 

The  single  page  cash  book,  and  a  ledger  on  journal  paper  are  most 
frequently  advised.  Bookkeeping  that  is  not  accurate  is  condemned  as 
useless,  and  teachers  are  urged  to  emphasize  accuracy  and  neatness. 

The  books  most  often  used  for  reference  are :  "First  Lessons," 
Williams  and  Rogers,  American  Book  Co. ;  "First  Book  in  Business 
Methods,"  Feller  &  Brown,  Rand,  McNally  Co. ;  "Bookkeeping  and 
Business  Forms,"  Witter,  C.  A.  Witter,  Redlands,  Cal. ;  "Comprehensive 
Bookkeeping,"  Bogle,  McMillan  Co. 

I  have  printed  sample  examination  sets  from  the  different  counties, 
in  order  that  you  may  see  just  what  is  required.  No  teacher  who 
knows  but  the  bare  .rudiments  of  a  subject  can  awaken  any  interest  in 
that  subject.  It  seems  hardly  fair  to  the  county  to  study  each  night  a 
subject  perfectly  foreign  to  you  and  next  day  to  give  the  results  of  your 
uncorrected  study  to  your  pupils.  Many  a  graduate  has  encouraged  a 
boy  or  girl  to  work  on  a  set  of  books  outside  of  school  hours  and  has 
corrected  this  set  in  his  spare  moments.  Others  have  supplemented  an 
inadequate  salary  by  "straightening  out"  the  book  of  the  "country  store" 
during  the  evenings  or  on  Saturday.  Your  work  depends  on  yourself. 
After  the  simplest  principles  are  mastered  the  rest  is  yours  to  do  or  to 
leave  undone. 

CAROLYN  H.  BRADLEY. 

May,  1915. 


314080 


EXPLANATION  OF  TERMS  USED. 

One  who  buys  on  account  is  called  a  Debtor,  and  one  who  sells 
on  account  is  called  a  Creditor.  It  is  customary  to  abridge  the 
words  and  write  Dr.  for  Debtor,  and  Cr.  for  Creditor. 

On  the  Dr.  side  of  an  account  we  frequently  write  the  word  To 
to  indicate  indebtedness  to  us  from  the  person  named  in  the 
account. 

We  write  the  word  By  on  the  Cr.  side  of  an  account  to  indicate 
indebtedness  by  us  to  the  person  named  in  the  account. 

Any  kind  of  value  belonging  to  us  is  called  a  resource  and  any 
debit  owed  by  us  is  called  a  liability. 

All  written  or  printed  obligations — usually  notes  and  drafts — not 
payable  at  sight,  for  which  a  certain  specified  amount  is  to  be 
received  by  us  are  called  Bills  Receivable. 

All  written  or  printed  obligations — usually  notes  and  drafts — not 
payable  at  sight,  for  which  a  specified  amount  is  to  be  paid  by  us, 
are  called  Bills  Payable. 

A  bill  of  merchandise  in  which  all  the  articles  are  enumerated, 
with  the  price  of  each  article,  is  called  an  invoice. 

A  schedule  of  unsold  articles  or  goods,  estimated  at  their  known 
cash  value,  is  called  an  inventory. 

Coin  and  all  business  paper  payable  at  sight,  as  Bank  Notes, 
Checks,  Drafts,  P.  O.  Orders,  etc.,  are  called  Cash. 

The  Balance  of  an  account  is  the  excess  of  one  money  column 
over  the  other. 

Footing  Lines  are  the  single  lines,  usually  drawn  with  red  ink, 
under  the  money  columns  to  be  added. 

Closing  Lines  are  the  double  lines,  usually  drawn  with  red  ink 
under  an  account  when  the  account  is  closed. 

CASH  BOOK  ACCOUNTS. 

Every  person  should  keep  a  Cash  Book.  It  is  customary  in  actual 
business  to  balance  this  account  daily,  but  the  student  may  balance 
weekly  or  monthly  as  he  chooses. 

It  would  aid  the  beginner  if  he  would  look  upon  "Cash"  as  a  person. 
When  money  is  received  or  paid  in,  Cash  is  debited  because  it  passes 
into  Cash's  hands;  and  when  money  is  paid  out  Cash  is  credited, 
because  Cash  supplies  the  money  that  makes  the  payment. 

The  left-hand  column  is  for  cash  received,  or  "Cash  Dr.";  the  right- 
hand  column  is  for  cash  paid  out,  or  "Cash  Cr."  Enter  in  the  left-hand 
column  the  cash  on  hand  and  every  receipt  of  cash,  and  enter  in  the 
right-hand  column  every  cash  payment.  In  a  double  page  Cash  Book 
use  opposite  pages. 

When  you  wish  to  "balance"  or  close  your  Cash  Account,  add  the 
money  columns,  subtract  the  total  payments  from  the  total  receipts,  and 
enter  the  balance  in  red  ink  in  the  right-hand  column.  Draw  your 
closing  lines,  and  bring  down  under  the  left-hand  column,  in  black  ink, 
this  balance,  which  is  the  cash  on  hand  for  the  continuation  of  business. 


6  SUGGESTIVE   EXERCISES   IN    BOOKKEEPING. 

Cash  Account  of  Raymond  Perry. 

Jan.  1,  1883,  cash  from  father,  $3.50.  Jan.  2,  paid  50  cents  for  a 
folder,  and  75  cents  for  stationery.  Jan.  6,  received  $1.50  for  three  days' 
work  storing  wood.  Jan.  8,  paid  $1.25  subscription  to  Youth's  Com- 
panion. Jan.  10,  received  $1.25  for  a  baseball  mask.  Jan.  13,  paid  $1.10 

for  a  hat.     Jan.  15,  balanced  my  account  and  find  $ on 

hand.  Jan.  18,  received  $2.75  for  hauling  apples  to  market.  Jan.  20, 
paid  75  cents  for  ammunition.  Jan.  22,  paid  $1  for  gloves.  Jan.  25, 
received  $2  for  cleaning  yard.  Jan.  26,  paid  $1.50  for  "Shoes  of  Happi- 
ness." Jan.  27,  received  75  cents  for  six  pigeons.  Jan.  28,  paid  60  cents 
for  repairing  shoes.  Jan.  30,  balance  on  hand,  $ 

Albert   Brown's   Account    (Cash). 

Oct.     1.  Cash   on   hand $1,840  25 

Oct.     2.  Paid  for  butter 10  20 

Oct.     3.  Paid  for  stationery 6  25 

Oct.     4.  Paid  A.  Smith,  for  account  books 12  50 

Oct.     5.  Received   for   sales 125  00 

Oct.     6.  Paid  for  carriage  hire 4  50 

Oct.     6.  Paid  clerk's  salary 50  00 

Oct.     8.  Received  of  J.  G.  Green,  on  account 16  80 

Oct.    9.  Paid  gas  bill  5  60 

Oct.  10.  Paid  for  merchandise 240  00 

Oct.  11.  Received  for  sales 110  40 

Oct.  12.  Paid  for  repairing  store 

Oct.  13.  Received  of  John  Jones,  on  account 20  00 

Oct.  14.  Paid  for  coal 12  50 

Oct.  16.  Paid  clerk's  salary 50  00 

Oct.  18.  Paid  for  rent  of  store 70  00 

Oct.  19.  Received  for  sales  _'—  96  10 

Oct.  20.  Paid  for  clothing 28  50 

Oct.  21.  Paid  for  merchandise 110  80 

Oct.  23.  Paid  for  drayage  16  40 

Oct.  24.  Received  for  Mary  Mead,  on  account 23  80 

Oct.  25.  Paid  Bailey  &  Co.  for  books 10  20 

Oct.  28.  Paid  for  hay  _  12  00 


Oct.  30.  Balance  on  hand. 


Robert  Smith's  Account  With  James  Dean. 

April  30,  1914.  Worked  for  the  farmer,  Robert  Smith,  6  days  at  $2.50 
per  day.  6th.  Received  cash  $8.50.  12th.  Repaired  barn  and  charged 
$16.  14th.  Received  300  Ibs.  potatoes  at  1^  cents  per  Ib.  16.  Repaired 
fence  and  charged  $8.75.  May  3d.  Received  cash,  $10.  7th.  Received 
vegetables  valued  at  $2.75.  26th.  Repaired  tools  and  charged  $7.75. 
June  10th.  Received  cash  $15.  15th.  Worked  on  fence  5  days  at  $2.50 
per  day.  21st.  Received  cash,  $10.50.  24th.  Received  20  Ibs.  bacon  at 
15  cents  per  Ib.  26th.  Charged  him  with  5  days'  work  on  house  at  $3 


SUGGESTIVE  EXERCISES  IN  BOOKKEEPING.  7 

per  clay.  July  5.  Worked  3^  days  on  barn  at  $3  per  day.  10th.  Re- 
ceived cash  $6.50.  11  th.  Received  18  Ibs.  ham  at  20  cents  per  Ib. 
18th.  Worked  three  days  repairing  gates  at  $2.50  per  day.  24th.  Re- 
ceived cash,  $5.50. 

Balance  the  account  July  30th,  and  bring  down  the  balance. 

Transactions  of  a  Farmer. 

January. 

1.  Cash  on  hand  $1.20.     Poultry  on  hand  worth  $35.     2.  Sold  Grace 
Mason  on  account  5  cords  of  wood  at  $4.50.     3.  Bought  of  James  Owen 
for  cash  store  $20.     5.  Paid  repairs  on  wagon  $1,  shoeing  horses  $2.50. 
6.  Sold  James  Owen  on  account  2  tons  of  hay  at  $8,  and  bought  of  him 
on   account   dry  goods  $7.50.     15.  Received   cash   of   Grace   Mason   on 
account    $10.     Paid    taxes    on    the    farm    $28.20.     20.  Bought    of    Grace 
Mason  on  account  groceries  $4.80.     25.  Paid  cash  for  10  turkeys  at  $4. 
30.  Feed    for    poultry    this    month    is    worth    $1.25,    and    their    care    is 
worth  $3. 

February. 

2.  Sold  50  boxes  pears  at  30  cents.     5.  Bought  of   Grace  Mason  on 
account  groceries  $6.45.     20.  Paid  cash  for  overcoat  $16.50.     Sold  5  head 
hogs  for  cash  $63.     28.  Have  used  5  doz.  fresh  eggs  worth  22  cents  per 
doz.,  and  have  sold  to  Grace  Mason  on  account  20  doz.  eggs  at  23  cents. 
Feed  for  poultry  this  month  is  worth  $1.50,  and  their  care  $3.25. 

March. 

1.  Engaged  Herbert  Hunn,  to  do  general  farm  work  for  me  till 
Aug.  1,  at  $20  per  month  and  board.  15.  Bought  of  G.  Mason  on 
account  sundry  groceries  $9.55.  31.  Have  used  10  doz.  eggs  worth  20 
cents  per  doz.,  and  have  sold  for  cash  30  doz.  at  22  cents,  and  10  doz. 
at  21  cents.  Feed  for  poultry  this  month  is  worth  $1.25,  and  their  care 
$2.  Paid  cash  for  lumber  to  repair  poultry  house  $5.  Herbert  Hunn 
has  lost  3  days  time  at  70  cents,  and  I  have  given  him  an  order  on 
James  Owen  for  dry  goods  $10. 

April 

15.  Bought  of  G.  Mason  on  account  groceries  $7.05;  and  sold  him  on 
account  10  sacks  of  potatoes  at  $2.00.  20.  Paid  H.  Hunn  cash  on 
account  $10.  30.  Feed  for  poultry  this  month  is  worth  $1.25,  and  their 
care  $2.  Have  sold  40  doz.  eggs  for  cash  at  15  cents,  and  20  doz.  to 
G.  Mason  on  account  at  12^2  cents.  Have  used  10  doz.  eggs  at  12^ 
cents.  H.  Hunn  has  lost  2  days'  time  at  70  cents,  and  I  have  given  him 
an  order  on  G.  Mason  for  $5. 


SUGGESTIVE   EXERCISES   IN    BOOKKEEPING. 
Model  Cash  Book  for  a  Farmer. 


1915 

Rec'd 

Paid 

Jan. 

1 

Amount  on  hand 

120 

00 

3 

Paid  James  Owen 

20 

00 

Paid  repairs  on  wagon 

1 

00 

Paid  shoeing  horses 

2 

50 

15 

Rec'd  of  Grace  Mason  on  account 

10 

00 

Paid  taxes  on  farm 

28 

20 

25 

Paid  for  10  turkeys  at  $4 

40 

00 

Feb. 

2 

Rec'd  for  50  boxes  pears 

15 

00 

20 

Rec'd  for  5  head  hogs 

63 

00 

Model  for  General  Account  for  a  Farmer. 


1913 

Dr. 

Cr. 

Jan. 

1 

Present  value 

35 

00 

30 

Feed  $1.25,  care  $3 

4 

25 

Feb. 

28 

5  doz.  eggs,  family  use,  22  cents 

1 

10 

20  doz.  eggs,  Grace  Mason,  23  cents 

4 

60 

Feed  $1.50,  care  $3.25 

4 

75 

Mar. 

31 

10  doz.  eggs,  family  use,  20  cents 

2 

00 

30  doz.  eggs,  cash  22  cents 

6 

60 

10  doz.  eggs,  cash  21  cents 

2 

10 

• 

SUGGESTIVE  EXERCISES  IN   BOOKKEEPING.  9 

Exercises  in  Statements. 

On  Aug.  1,  Herbert  Smith  began  business  with  Cash  on  hand,  $1725. 
At  the  end  of  the  month  his  merchandise  unsold  is  valued  at  $580.  Cash 
on  hand  $735.  Clyde  Scott's  account,  debit  $275,  credit  $120.  Harry 
Jackson's  account,  debit  $865,  credit  $220.  S.  E.  McCurdy  &  Co.,  debit 
$950,  credit  $1125.  Chrisman  &  Lee,  debit  $638,  credit  $550. 


Burton  Moody  began  business,  Sept.  1,  with  a  net  capital  of  $5420. 
On  Dec.  31,  his  Cash  on  hand  was  $1250,  merchandise  unsold  $3274. 
Bartle  &  Co.'s  account,  debit  $1150,  credit  $100.  Chester  Barker's 
account,  debit  $1825,  credit  $900.  W.  H.  Ferguson's  account,  debit  $500, 
credit  $1400.  Henry  Matthews'  account,  debit  $350,  credit 


Paul  Brown  began  business  without  capital.  At  the  end  of  the  year 
he  had  Cash  on  hand  $580.40,  merchandise  unsold  valued  at  $672.25. 
B.  E.  Loehr's  account,  debit  $321.50,  credit  $228.60.  Roy  Creighton's 
account,  debit  $223.70,  credit  $110.15.  Hobart  Birk's  account,  debit 
$97.65,  credit  $82.45.  A  Camber's  account,  debit  $125,  credit  $916. 
F.  Plummer's  account,  debit  $200,  credit  $883.30. 


A  merchant  began  business  with  Cash  on  hand  $550.  At  the  end  of 
the  month  his  cash  account  showed  a  total  debit  of  $968.35,  and  credit 
$875.90.  Robert  Ferguson's  account,  debit  $632.50,  credit  $427.25.  A.  E. 
Crook's  account,  debit  $1050.20,  credit  $835.50.  G.  E.  Shearer's  account, 
debit  $312.40,  credit  $200.  H.  Castle's  account,  debit  $650.80,  credit  $200. 
I.  M.  Fisher's  account,  debit  $328.35,  credit  $150. 


A  and  B  are  partners.  A  invests  $300,  B  invests  $600.  When  the 
books  are  closed  at  the  end  of  the  year,  the  Cash  on  hand  is  $265.50; 
merchandise  valued  at  $530.40;  store  fixtures  $200.  J.  Bachman's 
account,  debit  $214.25,  credit  $78.20.  Geo.  Boehmer's  account,  debit 
$54.50,  credit  $35.15.  W.  Lynn's  account,  debit  $342.45,  credit  $164.30. 
Chester  White's  account,  debit  $485.75,  credit  $524.40. 

Exercises  in  Checks. 

1.  Write  your  check  on  the  Garden  City  Bank,  payable  to  Students' 
Loan  Fund,  State  Normal  School,  for  $50.     Date,  present  time. 

2.  You  owe  R.  S.  Smith  $150.     Pay  him  by  check  on  First  National 
Bank. 

3.  You  have  received  a  check  from  Vera  Gilmore  for  $157.50,  payable 
to  your  order.     Write  a  copy  of  this  check  and  indorse  it   in   full  to 
Clara  H.  Smith. 

Receipts. 

1.  Samuel  Gordon  owes  you  $180.     He  pays  $150  on  account.     Write 
receipt. 

2.  Lois    Salsman    owes    you    $900.     She    pays    you    the    entire    debt. 
Write  receipt. 

2— 180S5 


IO  SUGGESTIVE   EXERCISES   IN   BOOKKEEPING. 

3.  Cecilia  Spain  has  requested  you  to  examine  her  account,  make  out  a 
statement  of  what  she  owes  you.  Make  out  the  receipt  you  would  give 
her  for  the  payment  of  amount  due  you. 

Due  Bill. 

1.  You  owe  Frank  Fisher  $4.00.     Give  him  an  order  for  that  amount 
payable  in  apples. 

2.  Write  a  due  bill  which  shows  Elizabeth  McFadden  owes  you  $20 
and  has  given  you  a  due  bill  payable  in  money  so  worded  that   it  is 
negotiable. 

Edwin  Boyle's  Account. 

March  3.  Edwin  Boyle  began  business  with  cash  on  hand  $630.20, 
merchandise  valued  at  $742.60,  and  real  estate  valued  at  $4650. 

March  4.  Sold  merchandise  to  Mary  Adams  on  account,  $525.50. 

March  5.  Bought  merchandise  of  Paul  Brown  on  account,  $936.45. 

March  6.  Paid  for  repairs  on  store,  $14.50. 

March  7.  Sold  merchandise  for  cash,  $415.75. 

March  8.  Received  $28.50  as  commission  for  selling  goods.  (Debit 
Cash.  Credit  loss  and  gain.) 

March  10.  Sold  merchandise  to  John  Kelley  on  his  note  at  5  days, 
$372.65. 

March  11.  Received  Cash  of  Mary  Adams  on  account,  $220. 

March  12.  Bought  merchandise  of  P.  J.  Hudson  on  our  note  at  10 
days,  $382.75. 

March  13.  Paid  Paul  Brown  Cash  on  account,  $430. 

March  14.  Sold  merchandise  to  C.  R.  Campbell  on  his  note  at  30  days, 
$261.75. 

March  15.  Received  Cash  in  payment  of  John  Kelley  note  due  this 
day,  $372.65. 

March  17.  Sold  merchandise  for  Cash,  $350. 

March  18.  Bought  merchandise  of  Frank  Norton  on  our  note  at  60 
days,  $285.50. 

March  20.  Goods  not  insured,  valued  at  $23,  have  been  lost  by  fire. 

March  22.  Paid  our  note  to  P.  J.  Hudson  due  this  day,  $382.75. 

March  24.  Sold  for  Cash  our  entire  stock  of  goods  for  $1200. 

March  24.  Sold  real  estate  for  Cash,  $4500. 

Make  statement  and  close  Prop,  account. 

L.  C.  Thomas's  Account. 

May  4.  L.  C.  Thomas  has  on  hand  a  stock  of  goods  valued  at 
$4270.35,  also  cash  on  hand  and  in  the  bank,  $278.45. 

May  4.  Sold  to  T.  J.  Roberts  on  account,  1  washing-machine,  $5.25; 
1  galvanized  tub,  $1.50;  5  gals,  molasses  at  60  cents,  $3.00;  1  sack  wheat, 
$4.75. 

May  5.  A.  R.  Wheeler,  a  carpenter,  has  made  certain  repairs  in  the 
store  for  which  we  have  credited  him  $38.75. 

May  6.  Received  Cash  from  petty  sales,  $87.30. 


SUGGESTIVE   EXERCISES    IN    BOOKKEEPING.  II 

May  7.  Bought  on  account  from  Nathan,  Dohrmann  &  Co.,  chinaware 
and  crockery,  per  invoice,  $137.60.  Paid  freight  and  transfer  on  same, 
$11.25. 

May  8.  Sold  to  Mrs.  Wm.  Patterson  on  account,  8  Ibs.  codfish  at 
12  cents,  96  cents ;  3  bottles  salad  dressing  at  23  cents,  69  cents ;  8  yards 
alpaca  at  95  cents,  $7.60. 

May  9.  Bought  of  Thomas  Dorsey  two  horses,  valued  at  $260.  Paid 
him  cash,  $60,  and  gave  him  our  note  at  20  days,  for  $200. 

May  11.  Sold  to  T.  J.  Boone  on  account,  2  bushels  rock  salt  at  45 
cents,  90  cents;  1  can  asparagus,  -35  cents;  1  straw  hat,  $1.75;  2  pairs 
silk  stockings  at  $1.50,  $3.CO. 

May  12.  Gave  A.  R.  Wheeler  an  order  on  T.  J.  Roberts  for  $10. 

May  14.  Received  Cash  for  petty  sales,  $72.60. 

May  15.  Have  ordered  goods  from  Hale  &  Banner,  wholesale  dealers, 
as  follows:  5  Peerless  ice  cream  freezers;  12  screen  doors,  3x6;  10 
spades  (long  handles)  ;  5  kegs  nails,  8's ;  3  kegs  nails,  10's.  .Write  the 
order  for  these  goods. 

May  16.  Received  of  Mrs.  Wm.  Patterson  on  account,  $5.00. 

May  18.  Loaned  Paul  Nye  $50.00  and  received  his  note  at  30  days. 

May  19.  Sold  T.  J.  Roberts  on  account,  1  rake,  75  cents;  1  patent 
mop,  $1.25;  1  rocking  chair,  $3.75. 

May  20.  Received  Cash  for  petty  sales,  $49.80. 

May  22.  Paid  Nathan,  Dohrmann  &  Co.  on  account,  $120. 

May  23.  The  goods  ordered  on  the  15th  have  been  received,  and  we 
have  credited  Hale  &  Banner  for  $79.25.  Paid  freight  on  goods,  $4.60. 

May  25.  Received  for  petty  sales,  Cash,  $96.40. 

May  26.  Sold  to  T.  J.  Boone  on  account,  1  small  table,  $4.75 ;  1  Bissell 
carpet  sweeper,  $3.25 ;  2  pairs  shoes  at  $2.00,  $4.00. 

May  27.  Bought  of  D.  W.  Harray  on  account,  a  two-seated  wagon, 
$125. 

May  29.  Gave  A.  R.  Wheeler  an  order  on  T.  J.  Boone  for  $15. 

May  29.  Paid  our  note  of  the  9th,  to  Thomas  Dorsey,  due  this  day, 
for  $200. 

May  30.  D.  W.  Harray  has  given  Peter  Wiggins  an  order  on  us  for 
groceries  in  our  store  to  the  value  of  $8.50,  which  has  been  filled. 

May  30.  Paid  Hale  &  Banner,  in  full  of  account,  $79.25. 

May  30.  Received  Cash  from  petty  sales,  $127.30. 

Required  a  statement. 

A  Tailor's  Account. 

April  3.  James  Anderson  began  business  with  a  stock  of  goods  on 
hand  valued  at  $975.40 ;  also  Cash  on  hand  and  in  bank,  $327.80. 

April  4.  Sold  for  Cash,  1  coat  and  vest  (ready  made),  $14.50. 

April  5.  Paid  for  coal,  2  tons  at  $4.75. 

April  6.  Bought  of  Brown  Bros,  on  account,  an  invoice  of  goods 
amounting  to  $142.75. 

April  7.  S.  C.  Wallace  has  ordered  a  suit  of  clothes,  $32.50,  to  be 
finished  Tuesday,  the  llth,  and  has  paid  a  deposit  of  $10  on  same. 


.12  SUGGESTIVE  EXERCISES  IN  BOOKKEEPING. 

April  8.  Sold  to  James  Adams  on  account,  1  suit  (ready  made), 
$18.50.  Received  of  him  $12  in  part  payment. 

April  10.  Paid  workman's  wages,  $7.50.  Received  order  from  Joseph 
Reed  for  1  spring  overcoat,  $24,  to  be  finished  Thursday,  the  13th. 

April  11.  Delivered  to  S.  C.  Wallace  his  suit,  ordered  on  the  7th. 
Received  the  balance  due  on  same,  $22.50. 

April  12.  Paid  rent  for  April,  $50. 

April  13.  Delivered  to  Joseph  Reed  an  overcoat,  ordered  on  the  10th. 
Received  from  him  Cash  on  account,  $15. 

April  14.  Received  for  Cash  sales,  $38.40. 

April  15.  Robert  Patterson  has  ordered  suit,  $28.50,  to  be  finished 
Tuesday,  the  18th,  and  has  paid  a  deposit  of  $5  on  same.  Paid  work- 
man's wages,  $10.50. 

April  17.  Paid  Brown  Bros.,  Cash  on  account,  $75. 

April  18.  Delivered  to  Robert  Patterson  his  suit,  ordered  on  the  15th, 
and  received  his  check  in  full  for  balance  due,  $23.50. 

April  20.  Charged  James  Adams,  for  cleaning  and  repairing  suit  of 
clothes,  $3.50. 

April  22.  Drew  Cash  for  private  use,  $20. 

April  24.  Bought  from  Brown  Bros,  on  account,  1  piece  serge,  28  yds. 
at  $1.25. 

April  26.  Sold  to  Joseph  Reed  on  account,  1  pair  trousers  (ready 
made),  $5.50. 

April  27.  Received  for  Cash  sales,  $24.80. 

April  29.  Sold  to  Robert  Patterson  on  account,  1  pair  trousers  (readj 
made),  $6.  Paid  workman's  wages,  $12. 

Inventory  of  goods  on  hand,  $1132.40. 

A  Farmer's  Account. 

Transactions  of  Andrew  Hogan,  a  farmer : 

March     1.  Cash  on  hand,  $27.45. 

March  2.  Bought  of  Wm.  J.  Parsons,  1  bbl.  flour,  $6.25 ;  20  Ibs.  sugar 
at  6  cents. 

March    4.  Sold  for  Cash,  1  ton  hay,  $14. 

March    6.  Paid  for  repairing  wagon,  $3.25. 

March  8.  Sold  to  Wm.  J.  Parsons,  12  bu.  potatoes  at  60  cents ;  4  doz. 
eggs  at  22  cents. 

March    9.  Credited  Alfred  Knox  for  one  week's  work,  $6.60. 

March  11.  Paid  State  and  County  taxes,  $21.70. 

March  13.  Credited  Geo.  Brown  for  shoeing  horses,  $2.30. 

March  15.  Sold  for  Cash,  3  bbls.  apples  at  $2.90. 

March  17.  Bought  of  Wm.  J.  Parsons,  1  pair  boots,  $4.75;  10  yds. 
sheeting  at  18  cents.  Paid  him  $3  on  account. 

March  18.  Paid  Alfred  Knox  on  account,  $5. 

March  20.  Paid  traveling  expenses  to  city,  $3.85. 

March  22.  Sold  for  Cash,  1  yoke  of  oxen,  $58. 

March  23.  Credited  Alfred  Knox  for  4  days'  work  at  $1.10,  $4.40. 


SUGGESTIVE    EXERCISES   IN    BOOKKEEPING.  13 

March  25.  Sold  Wm.  J.  Parsons  on  account,  20  Ibs.  butter  at  21  cents; 
7  doz.  eggs  at  20  cents.  Bought  from  him  3  gals,  molasses  at  38  cents  ; 
6  yds.  flannel  at  40  cents;  3  gals,  kerosene  oil  at  15  cents. 

March  27.  Credited  Geo.  Brown  for  mending  plow,  $1.50. 

March  30.   Paid   for  medicines,  $1.35. 

March  31.  Sold  for  Cash,  10  bu.  potatoes  at  65  cents. 

Required  a  statement. 

MODEL  SET  1914-15. 

Courtesy  of  JAMES  B.  DAVIDSON,  Superintendent  of  Marin  County  Schools. 

SAUSAUTO,  July  1,  1914. 

Commenced  business  with  Cash,  $3000;  merchandise,  $4000;  auto 
express  wagon,  $725.  J.  .Wilson  owes  me  $450.  I  owe  J.  Jones  $500. 

2 

Sold  James  Smith  10  sacks  of  flour  at  $2.10,  2  sacks  of  sugar  at  $5.50. 
He  paid  Cash  $15. 

V 

Deposited  in  bank  $2000;  bought  $1500  worth  of  merchandise  from 
Bowen  &  Co. ;  paid  them  Cash  $2CO,  gave  them  a  check  for  $500  and  my 
note  for  $600. 

3 

Sold  N.  Watson  20  sacks  potatoes  at  $1.10;  10  Ibs.  coffee  at  35  cents; 
10  gals,  molasses  at  25  cents ;  3  Ibs.  tea  at  40  cents. 

4 

Sold  L.  Harper  $250  worth  of  merchandise.  He  gave  me  his  note  for 
$120. 

5 

Sold  S.  Turner  25  sacks  onions  at  $1.95;  5.  .sacks  of  flour  at  $2.10. 
Received  Cash,  $17.50. 

6 
Paid  the  clerk  $15;  telephone  $2.40. 

7 

Sold  J.  Ross  merchandise  to  the  amount  of  $425.75.  He  paid  Cash, 
$240. 

8 
Bought  an  'office  desk  for  $42.50. 

9 

Sold  for  Cash  merchandise  to  the  amount  of  $429.70.  Bought  for 
Cash  merchandise  $75.50. 

12 

Sold  C.  A.  Miller  200  Ibs.  peaches  4  cents ;  500  Ibs.  apricots  at  3  cents 
and  50  sacks  flour  at  $2.10.  He  gave  me  his  note  for  $100. 


14  SUGGESTIVE:  EXERCISES  IN  BOOKKEEPING. 

13 

Bought  of  Bowen  &  Co.  $50  worth  of  merchandise.  Gave  them  a 
check  for  $40.  Cash  sales,  $247.50. 

14 

Sold  J.  Smith  $127.50  worth  of  merchandise.  Sold  N.  Watson  mer- 
chandise amounting  to  $925.40.  He  gave  me  his  note  for  $725. 

16 

I  paid  $200  on  my  .note  of  the  2d.  L.  Harper  paid  $70  on  his  note  of 
the  4th.  C.  A.  Miller  paid  his  note  of  the  12th  in  full.  Cash  sales, 
$197.50. 

17 

Received  Cash  on  account  of  James  Smith,  $91.40;  L.  Harper  paid  $75 
on  his  account. 

18 

Sold  N.  Watson  $500  worth  of  merchandise.  He  paid  $625.35  on 
account.  Cash  sales,  $405.40. 

19 

The  Student  drew  $15  for  private  use.  Debit  Student  with  this 
amount.  Gave  Bowen  &  Co.  my  check  for  $140. 

20 

Bought  some  store  fixtures  of  A.  B.  Stone  for  $147.50  and  gave  my 
note  for  same. 

22 

J.  Ross  paid  $92.40  on  his  account.  L.  Turner  paid  $19.70.  Paid 
J.  Jones  $340.50.  Inventory,  merchandise,  $2500;  inventory,  auto,  $720. 


SUGGESTIVE    EXERCISES   IN    BOOKKEEPING. 
Journal. 


Sausalito,  July  1,  1914. 


1 

Cash 

Invested  Cash 

$3,000  00 

1 

To  Student 

n 

$3,000  00 

2 

Mdse. 

Invested  Mdse. 

4,000  00 

1 

To  Student 

}y 

4,000  00 

3 

Expense 

Put  an  auto  express  in  business 

725  00 

1 

To  Student 

n 

725  00 

3 

J.  Wilson 

Wilson  owes  me 

450  00 

1 

To  Student 

)y 

450  00 

1 

Student 

We  owe  J.  Jones  on  account 

500  00 

3 

T.  J.  Jones 

500  00 

2 

4 

T.  Smith 

Sold  Smith  Mdse. 

32  00 

2 

To  Mdse. 

32  00 

M 

1 

Cash 

Received  Cash 

15  00 

4 

To  Smith 

n 

15  00 

4 

Bank 

Deposited  in  bank 

2,000  00 

1 

To  Cash 

m 

2,000  00 

2 

Mdse. 

Bo't  Mdse.  of  Bowen  &  Co. 

.  1,500  00 

4 

To  Bowen  &  Co. 

M 

1,500  00 

4 

Bowen  &  Co. 

Paid  them  Cash 

200  00 

1 

To  Cash 

n 

200  00 

4 

Bowen  &  Co. 

Gave  them  my  check 

500  00 

4 

To  Bank 

n 

500  00 

4 

Bowen  &  Co. 

Gave  them  my  note 

600  00 

5 

To  Bills  Pay. 

. 

600  00 

3 

5 

N.  Watson 

Sold  Watson  Mdse. 

29  20 

2 

To  Mdse. 

29  20 

4 

5 

L.  Harper 

Sold  him  Mdse. 

250  00 

2 

To  Mdse. 

}J 

250  00 

5 

Bills  Rec. 

Received  his  note 

120  00 

5 

To  Harper 

120  00 

5 

6 

S.  Turner 

Sold  him  Mdse. 

59  25 

2 

To  Mdse. 

M 

59  25 

1 

Cash 

Received  Cash  on  account 

17  50 

6 

To  Turner 

17  50 

6 

5 

Expense 

Paid  clerk  $15  ;  telephone  $2.40 

17  40 

1 

To  Cash 

17  40 

$14,015  35    $14,015  35 


i6 


SUGGESTIVE   EXERCISES    IN    BOOKKEEPING. 


Am't  forward 


Sausalito,  July  7,  1914. 
$14,015  35    $14,015  35 


6 
2 

J.  Ross 
To  Mdse. 

Sold  Ross  Mdse. 

425  75 

425  75 

1 

6 

Cash 
To  Ross 

Received  on  account 

8' 

240  00 

240  00 

3 
1 

Expense 
To  Cash 

Bo't  office  desk 

42  50 

.42  50 

1 

2 

Cash 
To  Mdse. 

Sold  Mdse.  for  Cash 

429  70 

429  70 

2 
1 

Mdse. 
To  Cash 

Paid  cash  for  Mdse. 

75  50 

75  50 

6 
2 

C.  A.  Miller 
To  Mdse. 

Sold  Miller  Mdse. 

128  00 

128  00 

5 
6 

2 

4 

Bills  Rec. 
To  C.  A.  Miller 

Mdse. 
To  Bowen  &  Co. 

He  gave  his  note 

13 
Bo't  Mdse.  of  Bowen  &  Co. 

100  00 
50  00 

100  00 
50  00 

4 

4 

Bowen  &  Co. 
To  Bank 

Gave  them  my  check 

40  00 

40  00 

1 

2 

4 
2 

Cash 
To  Mdse. 

J.  Smith 
To  Mdse. 

Sold  Mdse. 

14 
Sold  Smith  Mdse. 

247  50 
127  50 

247  50 
127  50 

5 
2 

N.  Watson 
To  Mdse. 

Sold  him  Mdse. 

925  40 

925  40 

5 

5 

5 
1 

Bills  Rec. 
To  N.  Watson 

Bills  Pay. 
To  Cash 

Rec'd  his  note 

16 
Paid  on  my  note  to  Bowen  &  Co. 

725  00 
200  00 

725  00 
200  00 

1 

5 

Cash 
To  Bills  Rec. 

Harper  paid  on  his  note 

70  00 

70  00 

1 
5 

Cash 
To  Bills  Rec. 

Miller  paid  his  note  in  full 

100  00 

100  00 

1 
2 

Cash 
To  Mdse. 

Cash  sales  to  date 

197  50 

197  50 

1 

4 

Cash 
To  J.  Smith 

Rec'd  Cash  on  account  of  Smith 

91  40 

91  40 

$18,231  10    $18,231  10 


SUGGESTIVE   EXERCISES    IN    BOOKKEEPING. 


Am't  forward 
17 


Sausalito,  July  17,  1914. 
$18,231  10    $18,231  10 


1     Cash 
5     To  Harper 

5     X.  Watson 
2    ToMdse. 

Paid  on  his  account 

18 
Sold  him  Mdse. 

75  00 
500  00 

75  00 
500  00 

1     Cash 
5     To  N.  Watson 

He  paid  Cash 
» 

625  35 

625  35 

1     Cash 
2    ToMdse. 

1     Student 
1     To  Cash 

Sold  for  Cash,  Mdse. 

19 
Student  drew  out  Cash 

» 

405  40 
15  00 

405  40 
15  00 

5     Bowen  &  Co. 
4    To  Bank 

Gave  them  my  check 

140  00 

140  00 

3     Expense 
5    To  Bills  Pay. 

1     Cash 
6    To  J.  Ross 

Bo't  fixtures  and  gave  my  note           147  50 

22 
Rec'd  from  Ross  on  account                92  40 

147  50 
92  40 

1     Cash 
6    To  L.  Turner 

Rec'd  Cash  from  Turner 

19  70 

19  70 

3     J.  Jones 
1     To  Cash 

Paid  Jones  on  account 
Ledger. 

340  50 

340  50 

$20,591  95 

$20,591  95 

1914. 

W  £ 

July  31    Prcs.  W 

Student. 
1914. 
1      $500  00       July    1 
4          15  00          "1 
orth          8079  30                   J 
1 

T  *i  //ii     i  T 

1 
1 

1 
1 
Net  Gain 

Pres.   Cap. 

$3000  00 
4000  00 
725  00 
450  00 
4T9  3° 

juiy  ji 

$8594  30 

$8594  30 

Aug.    1 

$8079  30 

i8 


SUGGESTIVE;  EXERCISES  IN  BOOKKEEPING. 


Cash. 


July  1 

5 
7 
8 
13 
16 
16 
16 
16 
17 
18 
18 
22 
22 


Aug.  1  Balance 


July  1 

"   2 

"  8 
13 
July  31  Gain 


Aug.  1  Inventory 


1914. 
July  1 

"   8 

"  19 


Aug.  1  Balance 


July  1 


Aug.  1  Balance 


1  $3000  00 

July  2 

1    15  00 

"   2 

2    17  50 

"   6 

2   240  00 

"   8 

2   429  70 

"   8 

3   247  50 

"  16 

3    70  00 

"  19 

3   100  00 

22 

3   197  50 

July  31  Balance 

3    91  40 

4    75  00 

4   625  35 

4   405  40 

4    92  40 

4    19  70 

$5626  45 

$2735  55 

Mdse. 

1  $4000  00 

July  2 

1   1500  00 

"   3 

8    75  50 

4 

3    50  00 

"   4 

631  70 

4 

"   8 

"   8 

"  13 

»   14 

"  14 

"  16 

"  18 

18 

July  31  Inventory 

$6257  20 

$2500  00 

Expense. 

1914. 

1   $725  00 
6    17  40 

July  31  Inventory 
31  Loss 

2    42  50 

4   147  50 

$932  40 

$720  00 

J.  Wilson. 

1   $450  00 

July  31  Balance 

$450  00 

$450  00 

$2000  00 

200  00 

17  40 

42  50 

75  50 

200  00 

15  00 

340  50 

2735  55 


$5626  45 

1 

$32  00 

2 

29  20 

? 

250  00 

2 

59  25 

2 

425  75 

2 

429  70 

2 

128  00 

3 

247  50 

3 

127  50 

3 

925  40 

3 

197  50 

4 

500  00 

4 

405  40 

2500  oo 

.$6257  20 

$720  oo 

212  40 

$932  40 


$450  oo 
$450  00 


SUGGESTIVE  EXERCISES  IN  BOOKKEEPING. 

19 

July  22 
July  31 

John  Jones. 
4      $340  50       July     1 
Balance                     159  50 

1      $500  00 

$500  00 

$500  00 

Aug.    1     Balance 

$159  50 

1914. 
July    2 
14 

J.  Smith. 
1914. 
1        $32  00     •  July    2 
3        127  50                 16 
July  31    Balance 

1        $15  00 
3         91  40 
53  10 

$159  50 

$159  50 

Aug.    1 

Balance                    $53  10 

Bank. 

July    2 

1     $2000  00       July    2 
"      13 
19 
July  31    Balance 

1      $500  00 
3         40  00 
4        140  00 
1320  oo 

$2000  00 

$2000  00 

Aug.    1 

Balance                $1320  00 

Bowen  &  Co. 

July    2 
"       2 
"       2 
"     13 
19 
July  31 

1       $200  00        July    2 
1        500  00          "      13 
1        600  00 
3          40  00 
4        140  00 
Balance                      70  oo 

1     $1500  00 
50  00 

$1550  00 

$1550  00 

Aug.    1     Balance 

$70  00 

1914. 
July  16 

July  31 

Bills  Pay. 
1914. 
3      $200  00       July    2 
Balance                     547  50                 19 

1      $600  00 
4        147  50 

$747  50 

$747  50 

Aug.    1     Balance 

$547  50 

N.  Watson. 

"     18 

2        $29  20        July  14 
3        925  40          "18 
4        500  00        July  31     Balance 

3      $725  00 
4        625  35 
104  25 

$1454  60 

$1454  60 

Aug.    1     Balance 


$104  25 


2O 


SUGGESTIVE   EXERCISES   IN   BOOKKEEPING. 


L.  Harper. 


July    4 

2       $250  00        July     4 

2      $120  00 

17 

4         75  00 

July  31    Balance 

55  oo 

$250  00 

$250  00 

Aug.    1     Balance 

$55  00 

Bills  Rec. 

July    4 

2      $120  00        July  16 

3        $70  00 

"      12 

3        100  00                 16 

3        100  00 

14 

3        725  00       July  31    Balance 

775  oo 

$945  00 

$945  00 

Aug.    1     Balance 

$775  00 

L.  Turner. 

1914. 

1914. 

July    5 

2        $59  25       July    5 

$17  50 

"     22 

19  70 

July  31    Balance 

22   05 

$59  25 

$59  25 

Aug.    1     Balance 

$22  05 

J.  Ross. 

July    7 

2      $425  75       July    7 

2      $240  00 

"     22 

4         92  40 

% 

July  31    Balance 

93  35 

$425  75 

$425  75 

Aug.    1     Balance 

$93  35 

C.  A.  Miller. 

July    8 

2      $128  00       July  12 

3      $100  00 

July  31    Balance 

28  oo 

$128  00 

$128  00 

Aug.    1     Balance 

$28  00 

Loss  and  Gain. 

July  31 

$212  40       July  31 

$631  70 

July  31    Net  Gain 

419  30 

$631  70 


$631  70 


SUGGESTIVE   EXERCISES   IN    BOOKKEEPING. 


21 


Balance. 


Aug.  1 

Cash 

$2735  55 

Aug.  1     Jones 

$159  50 

1 

Mdse. 

2500  00 

1     Bowen  &  Co. 

70  00 

1 

Expense 

720  00 

1     Bills  Pay. 

547  50 

1 

Wilson 

450  00 

Aug.  i    Prcs.  Cap. 

8079  30 

1 

Smith 

53  10 

1 

Bank 

1320  00 

1 

N.  Watson 

104  25 

1 

Harper 

55  00 

1 

Bills  Rec. 

775  00 

1 

Turner 

22  05 

1 

J.  Ross 

93  35 

1 

Miller 

28  00 

$8856  30 

$8856  30 

Balance  Sheet— July,  1914. 


Model  Set 

Dr. 

Cr. 

Res. 

Lia. 

Loss 

Gains 

Student 

$515  00 

$8175  00 

Cash 

5626  45 

2890  90 

$2735  55 

Mdse. 

5625  50 

3757  20 

2500  00 

$631  70 

Expense 

932  40 

720  00 

$212  40 

J.  Wilson 

450  00 

450  00 

J.  Jones 

340  50 

500  00 

$159  50 

J.  Smith 

159  50 

106  40 

53  10 

Bank 

2000  00 

680  00 

1320  00 

--- 

Bowen  &  Co. 

1480  00 

1550  00 

70  00 

Bills  Pay. 

200  00. 

747  50 

547  50 

N.  Watson 

1454  60 

1350  35 

104  25 

I,.  Harper 

250  00 

195  00 

55  00 

Bills  Rec. 

945  00 

170  00 

775  00 

I/.  Turner 

59  25 

37  20 

22  05 

J.  Ross 

425  75 

332  40 

93  35 

C.  A.  Miller. 

128  00 

100  00 

28  00 

Net  Gain 

419  30 

Pres.  Worth 

8079  30 

$20,591  95 

$20,591  95 

$8856  30 

$8856  30 

$631  70 

$631  70 

22  SUGGESTIVE   EXERCISES    IN    BOOKKEEPING. 

Questions  for  the  Examination  of  Applicants  for  Teachers'  Certifi- 
cates, Monterey  County,  December,  1914, 

Courtesy    of    GEORGE    SCHUI.TZBERG,    Superintendent. 

Bookkeeping. 

Jan.     1,  1914.     Began  business  with  cash,  $230. 

Jan.     2.  Bought  merchandise  on  my  note,  $820. 

Jan.     3.  Sold  merchandise  to  Peter  Ball  on  account,  $125. 

Jan.     4.  Sold  merchandise, on  note,  $360. 

Jan.     5.  Bought  merchandise  of  J.  M.  Collins,  on  account,  $730. 

Jan.     6.  Received  note  of  Peter  Ball  on  account,  $80. 

Jan.     8.  Paid  interest  due  in  cash,  $6.95. 

Jan.     9.  Sold  merchandise  for  cash,  $70. 

Jan.  10.  Received  cash  on  notes,  $440. 

Jan.  10.  Received  cash  for  interest,  $10.20. 

Jan.  11.  Paid  cash  on  note,  $740. 

Jan.  12.  Paid  interest  in  cash,  $3.25. 

Jan.  14.  Sold  merchandise  on  note,  $425. 

Jan.  15.  Sold  merchandise  for  cash,  $190. 

Jan.  16.  Gave  J.  M.  Collins  note  on  account,  $240. 

Jan.  17.  Received  cash  for  interest  due,  $12.80. 

Jan.  18.  Peter  Ball  gave  me  note  on  account,  $60. 

Jan.  20.  Paid  cash  for  set  of  books  for  store,  $14.40. 

Jan.  20.  Paid  interest  in  cash,  $9.20. 

Jan.  23.  Paid  on  note  of  2d  inst,  $75. 

Jan.  26.  Sold  merchandise  on  account  to  Peter  Ball,  $230. 

Jan.  30.  Received  cash  on  notes,  $485. 

Jan.  30.  Received  interest  in  cash,  $20. 

Jan.  30.-  Sold  merchandise  on  account,  $105. 

Jan.  30.  Paid  freight  bill  in  cash,  $35. 

Jan.  30.  Paid  salary  of  clerk,  $50  cash.  Bought  for  cash  3  cords  of 
wood  at  $8  per  cord  for  store.  Bought  20  bbls.  flour-  at  $4  per  bbl.  on 
account.  Merchandise  inventory,  $609. 

Enter  accounts  correctly  in  cash  book  and  journal,  post  to  ledger, 
make  trial  balance,  close  ledger  accounts  and  make  a  statement  of 
resources  and  liabilities.  Use  your  own  name  as  the  proprietor. 


SUGGESTIVE   EXERCISES    IN    BOOKKEEPING.  23 

BOOKKEEPING  SET  NUMBER  THREE 
As  per  Board  of  Education. 

Courtesy  of  PERLE   SANDERSON,   Superintendent  of   Schools,  Colusa  County. 

COLUSA,  March  1,  1915. 

John  Smith  began  business  with  the  following  resources  and  liabilities  : 

Merchandise  $5,000  00 

Cash  2,000  00 

O.  Robinson,  account 250  00 

J.  Baum,  account 300  00 

He  owes  L.  L.  Hicok 400  00 

and  E.  Weyand 200  00 

Mar.     2.  Deposited  in  Colusa  County  Bank,  $500. 

Mar.     3.  Sold  Fred  Ohrt  merchandise,  $40  on  account. 

Mar.  4.  Sold  O.  Robinson,  on  account,  merchandise  $35,  and  received 
from  him  cash  on  account  $60. 

Mar.     5.  Bought  from  J.  Baum,  merchandise,  $80  on  account. 

Mar.     6.  Sold  L.  L.  Hicok,  merchandise,  $90  on  account. 

Mar.     7.  Sold  E.  Weyand,  merchandise,  $120  on  account. 

Mar.  8.  Sold  Ed.  Graham,  merchandise,  $80  on  account.  He  gave 
Smith  an  order  on  L-  L.  Hicok  for  $40. 

Mar.     9.  Sold  O.  Robinson,  merchandise,  on  account  $85. 

Mar.  10.  Received  an  order  from  Joe  Baum  on  E.  Weyand  for  $60  to 
apply  on  Baum's  account. 

Mar.  11.  Sold  Sam  Small,  merchandise,  $90  on  account. 

Mar.  12.  Bought  of  E.  Weyand,  merchandise,  $80  on  account. 

Mar.  13.  Sold  E.  Graham,  merchandise,  on  account  $90.  Cash 
sales,  $80. 

Mar.  14.  Bought  of  Smith  &  Co.,  merchandise,  $80,  and  gave  them  a 
check  on  Colusa  County  Bank  for  the  amount. 

Mar.  16.  Sold  L.  L.  Hicok,  merchandise,  $150  on  account. 

Mar.  18.  Received  an  order  from  J.  Baum  on-  L.  L.  Hicok  for  $90  to 
apply  on  Baum's  account. 

Mar.  20.  Sold  E.  S.  Holloway  50  yards  carpet  at  $2  per  yard.  He 
paid  $50  cash,  balance  on  account. 

Mar.  21.  Paid  cash  for  advertising,  $80.     Cash  sales,  $90. 

Mar.  22.  Sold  O.  Robinson,  merchandise,  $75  on  account. 

Mar.  23.  Sold  J.  Baum,  merchandise,  $130  on  account. 

Mar.  24.  Sold  E.  Weyand,  merchandise,  $95,  and  he  paid  cash  on  his 
account,  $60. 

Mar.  25.  Bought  bill  of  merchandise  and  gave  my  check  for  same  on 
Colusa  County  Bank,  $60. 

Mar.  26.  Sold  Fred  Ohrt,  merchandise,  $120;  he  paid  $80  cash,  bal- 
ance on  account. 

Mar.  27.  Sold  E.  S.  Holloway,  furniture,  $85  on  account. 

Mar.  28.  Deposited  in  Colusa  County  Bank  $600. 

Mar.  29.  Sold  Sam  Small  bill  of  merchandise,  $100.  He  paid  $60 
cash,  balance  on  account. 


24  SUGGESTIVE   EXERCISES   IN    BOOKKEEPING. 

Mar.  30.  Sold  E.  S.  Holloway,  merchandise,  $140.  He  paid  $80,  bal- 
ance on  account. 

Mar.  31.  Took  an  inventory,  found  merchandise,  $3,400.00. 
Write  the  order  received  from  Joe  Baum,  on  E.  Weyand. 

Bookkeeping — Diploma. 

Courtesy  of  GEORGE  UNDERWOOD,   Superintendent  of  Humboldt  County. 

EUREKA,  California,  May  1,  1912. 

Student  commenced  business  with  resources  and  liabilities  as  follows  : 
Cash,  $3500;  note  of  J.  B.  Lynd  for  $175,  due  in  15  days;  account  against 
W.  S.  Moody  of  $240.  Student  owes  Brown  Bros,  on  account,  $160; 
and  C.  N.  Doane  holds  his  note  for  $90,  due  the  30th  inst. 

Bought  of  Brown  Bros,  stock  of  merchandise  amounting  to  $2796.50, 
paying  cash  $2000,  and  balance  on  account. 

May  2.  Sold  Wm.  Hoist  for  cash,  10  sacks  of  sugar,  at  $6.50;  20  sacks 
potatoes,  at  $1.25;  10  cases  kerosene  for  $70. 

May  3.  Sold  Sarah  Keys  on  account,  1  sack  sugar,  $6.75 ;  5  gallons 
kerosene,  $1.75;  1  sack  potatoes,  $1.30. 

May  4.  Bought  of  J.  L.  Lewison  invoice  of  merchandise  amounting  to 
$565.20,  paying  cash.  Sold  merchandise  for  cash,  $360. 

May  5.  Sold  S.  C.  Jones  100  sacks  of  sugar  at  $6.40;  10  sacks  of 
coffee  at  $34  per  sack.  Terms,  3  per  cent  discount  in  10  days. 

May  7.  Paid  clerk's  salary  in  cash, '$25 ;  rent,  $10.  Sold  100  sacks  of 
potatoes  at  $1.15  per  sack  to  Wm.  Hoist  on  account. 

May  8.  Paid  Brown  Bros,  cash  on  account,  $500. 

May  9.  Sold  Upton  Smith  10  sacks  of  coffee  at  $34  per  sack.  Terms, 
10  days. 

May  10.  Bought  of  J.  L.  Lewison  invoice  of  merchandise,  $1216.25  on 
account. 

May  11. -Received  cash  in  full  of  Sarah  Keys,  $9.80.  Paid  cash  for 
miscellaneous  expenses,  $14.80. 

May  12.  Sold  F.  L.  Austin  on  note  at  30  days  a  bill  of  merchandise 
amounting  to  $876.40. 

May  14.  Paid  Brown  Bros,  cash  on  account,  $200. 

May  15.  Received  cash  S.  C.  Jones  for  bill  of  5th  inst.,  $980,  less  the 
discount  of  $29.40. 

May  16.  Received  of  Upton  Smith  cash  on  account,  $200. 

May  16.  Paid  J.  L.  Lewison  cash  on  account,  $1000.  Sold  Wm.  Hoist 
on  account  100  scaks  of  potatoes  at  $1.20. 

May  18.  Received  of  Wm.  Hoist  cash  for  $115  in  payment  of  bill  of 
7th  inst. 

May  19.  Drew  $100  for  private  use. 

May  21.  Received  cash  for  J.  B.  Lynd's  note  of  1st  inst.,  $175. 

May  22.  Received  cash  on  account  of  W.  S.  Moody,  $150. 

May  23.  Sold  Upton  Smith  on  account  100  sacks  of  sugar  at  $6.45. 

May  24.  Bought  of  Brown  Bros.,  at  10  days,  merchandise  amounting 
to  $896. 


SUGGESTIVE:  EXERCISES  IN  BOOKKEEPING.  25 

Inventories:     Merchandise,  $2212.75;  expense,  $10. 

Journalize,  post,  make  statement  showing  resources  and  liabilities  and 
net  gain  or  loss,  and  close  the  ledger  with  proper  ruling.  Neatness  and 
legibility  will  count  for  much. 

Bookkeeping. 

(Wednesday,  9  to  12.     50  Credits.) 

Courtesy  of  DAN  H.   WHITE,   Superintendent  of  Solano  County  Schools. 

May,  1914. 

1.  Write    a    letter    to    the    Emporium,    San    Francisco,    ordering   five 
different  articles,  enclosing  a  check  for  the  same. 

2.  Define  a  certificate  of  deposit  and  write  one. 

3.  Write  to  a  business   firm  applying   for   a  position  as  bookkeeper, 
stating  your  previous  experience,  and  naming  two  references. 

4.  Write  a  due-bill.     Write  a  receipt  for  money  paid  on  account  of 
rent. 

5.  Enter  the  following  in  Day  Book,  Ledger  and  Cash  Book.     Make 
a  statement  showing  the  net  gain  or  loss : 

J.  R.  Jones  of  Suisun  began  business  Oct.  1,  1910,  with  the  following 
assets:  Cash,  $1200;  merchandise,  $1200. 

Oct.  2.  Sold  John  Hammond  60  cords  of  wood  at  $6 ;  25  sacks  coal 
at  80  cents.  Received  cash  on  account,  $250. 

Oct.  3.  Bought  of  Geo.  Young  &  Co.  150  cords  of  wood  at  $5.50; 
30  sacks  coal  at  65  cents.  Paid  cash  $350,  balance  on  account. 

Oct.  4.  Paid  rent  of  store,  cash  $60. 

Oct.  5.  Sold  C.  Corning  on  account  60  gals,  gasoline  at  15  cents; 
10  cords  wood  at  $6.50. 

Oct.  6.  Bought  of  Standard  Oil  Co.  on  account  200  gals,  gasoline  at 
8l/2  cents;  150  gals,  kerosene  at  23  cents. 

Oct.  7.  Paid  cash  for  shoeing  horse,  $1.50,  and  for  repairing  and 
painting  wagon,  $25. 

Oct.  8.  Cash  sales  of  merchandise  for  week,  $400. 

Oct.  9.  Sold  John  Hammond  100  gals,  gasoline  at  12^  cents ;  25  gals, 
kerosene  at  30  cents. 

Oct.  10.  Paid  clerk  for  the  week,  $25. 

Oct.  11.  Sold  R.  Smith  8  cords  wood  at  $7. 

Oct.  11.  Paid  Standard  Oil  Co.  cash  for  invoice  of  Oct.  6. 

Oct.  13.  Bought  a  horse  for  $150. 

Oct.  14.  Cash  sales  of  merchandise,  $150. 

Merchandise  on  hand  per  inventory,  $1500. 


26  SUGGESTIVE  EXERCISES  IN  BOOKKEEPING. 

For  Graduation. 

(Bookkeeping.) 
Courtesy    of    GEORGE    SCHULTZBERG,    Superintendent    of    Monterey    County    Schools. 

May,  1914. 

Journalize  and  post  the  following  transactions,  using  your  own  name 
as  proprietor : 

SALINAS,  CAL.,  Dec.  1,  1913.  Engaged  in  the  furniture  business,  under 
the  following  conditions:  Invested  cash,  $1500;  promissory  note  for 
$1000  signed  by  W.  P.  Spencer,  in  my  favor,  dated  Nov.  1,  1913,  due  two 
months  after  date,  with  interest  at  6  per  cent ;  stock  of  furniture  valued 
at  $6500.  I  owe  Smith  &  Taylor  on  account,  $1000. 

Dec.  2.  Sold  M.  Fillmore  on  Jiis  .note  at  three  months.,  without 
interest,  1  set  enameled  furniture,  $75 ;  1  do.  mahogany,  $275 ;  1  rose- 
wood bureau,  $100. 

Dec.  3.  Sold  J.  Truman  for  cash,  1  walnut  settee,  $50 ;  1  library  table, 
$20;  6  parlor  chairs,  at  $5. 

Dec.  4.  Paid  for  labor,  cash,  $50 ;  sold  A.  W.  Smith,  on  account, 
1  brass  bedstead,  $30 ;  1  extension  dining  table,  $45 ;  6  dining  chairs, 
at  $3;  1  mantel  clock,  $32. 

Dec.  5.  Received  cash  of  A.  W.  Smith  on  account,  $25 ;  paid  Smith  & 
Taylor  cash  on  account,  $500;  paid  cash  for  rent,  $50;  sold  E.  Holland 
for  cash,  1  marble  top  dresser,  $75;  1  cherry  bedroom  suite,  $125. 

Make  a  Trial  Balance  and  write  out  the  notes  referred  to  in  the  set. 

MODEL  SET  A. 

Actual  questions  given  by-  Siskiyou  County  board  December,  1914. 
Courtesy  of  W.    S.   PARKER,   Superintendent. 

Bookkeeping — Eighth   Grade. 

W.  B.  Smith  commences  business  this  day  by  investing:  Cash,  $1600; 
merchandise,  $1450.  He  owes  M.  E.  Grant  $95  on  account.  Nov.  2, 
bought  merchandise  from  Dean  &  Co.,  $145;  paid  cash,  $60;  balance  on 
account.  Nov.  3,  paid  for  wood,  $8.75 ;  stationery,  $3.50.  Cash  sales, 
$98.50.  Nov.  4,  paid  M.  E.  Grant  $40  on  account.  Nov.  5,  sold  Fred 
Martin  merchandise  for  cash,  $120.  Nov.  6,  thieves  stole  merchandise 
from  store,  $25.  Paid  freight  charges,  $8.90.  Nov.  8,  sold  J.  W.  Bird 
merchandise,  $165 ;  received  cash,  $75 ;  balance  on  account.  Nov.  9, 
gave  $10  to  a  cheritable  institution.  Ten  cash  sales  $215.  Took  inven- 
tory and  found  merchandise  $1000. 


SUGGESTIVE   EXERCISES   IN    BOOKKEEPING. 


Cash  Book. 


Nov. 

1 

Investment 

$1600    00 

2 

Dean  &  Co.,  on  account 

$60    00 

3 

Wood 

8    75 

3 

Stationery 

3    50 

3 

Sales 

98    50 

4 

M.  E.  Grant,  on  account 

40    00 

5 

Merchandise 

120    00 

6 

Freight  charges 

8    90 

7 

J.  W.  Bird,  on  account 

75    00 

9 

Charitable    institution 

10    00 

9 

Ten  sales 

215    00 

$2108    50 

$131     15 

Balance  en  hand 

$1977    35 

$2108    50 

$2108    50 

Balance 

$1977    35 

28 


SUGGESTIVE:  EXERCISES  IN  BOOKKEEPING. 


November,   1915. 

1 

1 
W.  B.   Smith                                          Cr. 

$3050    00 

Cash 

$1600    00 

Mdse. 

1450    00 

1 

ft 

W.  B.  Smith                                          Dr. 

95    00 

Acc't  due  M.  E.   Grant 

1 

» 
M.  E.  Grant                                         Cr. 

95    00 

Bal.  of  acc't 

1 

2 
Dean  &  Co.                                           Cr. 

145    00 

Mdse. 

1 

Dean  &  Co.                                           Dr. 

60    00 

Cash  on  above  purchase 

1 

4 
W.  B.  Smith                                         Cr. 

40    00 

M.  E.  Grant  on  acc't 

6 

Memorandum 

25    00 

*Mdse.  stolen  by  thieves 

1 

7 
J.  W.  Bird                                            Dr. 

165    00 

Mdse. 

1 

J.  W.  Bird                                            Cr. 

75    00 

Cash  on  above  purchase 

1 

9 
W.  B.  Smith                                        Dr. 

10    00 

Cash  for  private  use 

*NoTE. — Since  this  amount  has  decreased  the  inventory  by  $25  no  record  is 
made  of  this  in  single  entry  ledger.  In  double  entry  ledger,  as  it  is  a  direct  loss, 
debit  the  Loss  and  Gain  account  and  credit  Merchandise. 


SUGGESTIVE;  EXERCISES  IN  BOOKKEEPING. 
Ledger  Model  Set  A. 


W.  B.  Smith. 


Nov. 

1 

M.  E.  Grant 

1 

95    00 

Nov. 

1 

Investment 

1 

3050    00 

» 

9 

Cash 

10    00 

Net   loss 

17    65 

Pres.  worth 

2927    35 

3050    00 

3050    00 

Pres.  worth 

2927    35 

M.  E.  Grant. 


Nov. 

4 

Cash 

1 

40  00 

Nov. 

1 

Bal.  of  acc't 

1 

95  00 

Balance 

55  oo 

- 

95  00 

95  00 

Balance 

55  00 

Dean  &  Co. 


Nov. 

2 

Cash 

1 

60    00 

Nov. 

2 

Mdse. 

1 

145    00 

Balance 

85    oo 

145    00 

145    00 

Balance 

85    00 

J.  W.  Bird. 


Nov. 

8 

Mdse. 

2 

165  00 

Nov. 

8 

Cash 

2 

75  00 

Balance 

go  oo 

165  00 

165  00 

Balance 

90  00 

SUGGESTIVE   EXERCISES  IN   BOOKKEEPING. 


Statement  of  Resources  and  Liabilities. 


RESOURCES 
Inventory 

1000    00 

Personal  accounts,  receivable 

90    00 

Cash,  balance  of  Cash  Book 

1977    35 

Total  Resources 

3067    35 

LIABILITIES 
Personal   accounts,   payable 

140    00 

My  present  worth 
Investment 

3050    00 

2927    35 

Due  M.  E.  Grant 

95    00 

Draw  by  M.  B.  Smith 

10    00 

Net  Investment 

2945    00 

Net  Loss 

17    35 

Bill  Form. 

Miss  Gertrude  Rowell 

222  South  14th  St., 

To  HARRISON  P.  SMITH,  DR. 
Terms 


May  9,  1915. 


2 

Tire  holder  straps                                           .20 

40 

1 

Double  tire  lock 

75 

1 

Safeguard  oval  mirror 

1     75 

1 

Model  D  Schebler  carburetor 

9    25 

4 

Goodrich  inner  tubes  37x4^2                       4.20 

16    80 

28    95 

Cr.  by  cash 
Bal.  due 

10    00 

18    95 

UNIVERSITY  OF  CALIFORNIA  LIBRARY 


AN  INITIAL  PINE  OP  25  CENTS 


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UNIVERSITY  OF  CALIFORNIA  LIBRARY 


